Jodel Raises Funding from Redalpine Venture Partners

jodelJodel, a Berlin, Germany-based provider of a social livefeed app, raised funding from Redalpine Venture Partners.

The amount of the deal was not disclosed.

The company is using the funds to continue to expand operations. It is hiring.

Led by Alessio Avellán Borgmeyer, CEO, and Tim Schmitz, COO, Jodel provides a localization-based app that allows users to communicate with others near them, limited to a perimeter of not more than 10 kilometres. Contributions appear in an anonymous feed and users can up- or down-vote and comment on each piece of content. Positive engagement, like contributions that are rated highly by the community or frequent votes on content of others, is rewarded by Karma points.



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